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Transcripts For CSPAN 20090614

who have managed to keep most of their country out of the north sea for generations, it s humiliating. and if you think about those canal walls, how badly they were built, how much corruption went into the poor maintenance of things the poor planning, and you think about the s.e.c. and all of the attendant regulation that wasn t there so that you couldn t sell crap and call it gold on wall street, you know, selling crap and calling it gold eventually comes home. and it came home to new orleans about four years before it came home to the rest of the country in a very literal way. not in a metaphor cal, financial way. so in a way, new orleans, what i really admire about people there is they re trying to find their way home. because it is one of the great places in america culturally. and they re trying to find their way back. and they re doing it on their own. and there s been a real loss if you look at everything from the way the road home money was administered to the way f

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